Benefits of PPF Account
No doubt PPF has been one of the safest mode of investment backed by Government of India. With a deposit amount as minimum as Rs. 500 per annum, your PPF Account earns a tax free interest of 8.8%* per annum. Also the maturity amount on investment in PPF is exempted from tax.
Note: * W.e.f April 01, 2012.
- Interest rate is calculated annually.
- Interest rate is declared by Ministry of Finance from time to time.
- ** Savings account linked to your Internet Banking ID.